AML Policy

Money laundering is a form of financial crime that involves concealing or disguising the origin of illegally obtained funds in order to make them appear to have been derived from legitimate sources.

Recognizing that online gaming and digital platforms, such as Funverse, may be vulnerable to exploitation by bad actors seeking to launder criminal proceeds, the Company has adopted an anti-money laundering policy (the "Policy") based on a risk-based approach to the prevention, detection, and mitigation of money laundering and related financial crimes.

In furtherance of these objectives, the Policy includes, without limitation, the following measures:

• Appointment of an Anti-Money Laundering Officer ("AMLO"):The Company has appointed an AMLO responsible for overseeing the implementation and ongoing effectiveness of the Policy. The AMLO works in coordination with senior management to ensure adequate resources are allocated for compliance, serves as the primary point of contact for internal disclosures and reports related to AML matters, and monitors regulatory developments to ensure that the Policy remains aligned with applicable legal and regulatory standards.
• Periodic Policy Audits and Reviews:The Company conducts regular audits and reviews of the Policy to assess its effectiveness. Audit findings are reported to the AMLO, who determines whether updates or enhancements are necessary to address regulatory changes, emerging risks, or operational improvements.
• Customer Due Diligence and Risk Assessment:The Company performs customer risk assessments based on Know Your Customer ("KYC") information and identity verification procedures. This process may involve the use of reputable third-party identity verification providers that assess whether a customer is a Politically Exposed Person ("PEP") or appears on applicable sanctions lists, including but not limited to the Office of Foreign Assets Control ("OFAC") Specially Designated Nationals List or other applicable government sanctions lists.
• Transaction Monitoring:The Company conducts ongoing monitoring of customer activity and transactions to identify unusual or suspicious patterns that may indicate money laundering, fraud, or other illicit activity.
• Employee Training and Awareness:The Company maintains a training program designed to educate employees whose roles involve customer interaction, transaction monitoring, or compliance responsibilities. AML training is provided upon onboarding and on a recurring basis to ensure personnel remain informed of current regulatory requirements and their obligations under the Policy.

The Company is committed to identifying, assessing, and mitigating money laundering risks associated with the use of its platform. Through company-wide awareness, effective internal controls, and continued adherence to this Policy, Funverse seeks to maintain a level of regulatory compliance appropriate to the nature, size, and complexity of its business, while providing a secure, fair, and enjoyable experience for its users.

Contact

For questions regarding our AML Policy or to report suspicious activity, please contact support@funverse.tw.